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Retail

  • Hospitality sector to create 700,000 jobs over festive season, research finds

    December 4, 2023

    Around 700,000 jobs are expected to be created in the hospitality industry over the festive season, new research suggests. Around half of companies in the sector are hiring staff for the busy next few weeks, with an average of eight each, according to recruitment site Caterer.com. Kathy Dyball, director at Caterer.com, said: “Despite the cost-of-living [...]

  • The Notebook: Emma-Lou Montgomery on retail’s not so cheery Christmas

    December 4, 2023

    Where the City's movers and shakers get a few things off their chests. Today, Emma-Lou Montgomery, financial commentator at Fidelity, takes the pen.

  • Honest Burger locks horns with HMRC over tax bill

    December 3, 2023

    Posh fast food chain Honest Burger was locked in a legal dispute with HMRC after a plea to get an extension on paying a tax bill was ignored, it has been revealed.

  • William Hill owner rejected £700m takeover bid from Playtech

    December 3, 2023

    The owner of betting giant William Hill reportedly rejected a £700m takeover offer from sports-betting software firm Playtech this summer.

  • How Wilko is returning to high streets just months after its dramatic collapse

    December 1, 2023

    Wilko has returned to the high street with two new shops just months after the collapse of the historic retail chain. On Friday, the brand opened stores in Plymouth and Exeter as it relaunched following its dramatic failure. Earlier this year, the retailer shut its 400 UK shops after tumbling into administration in the face [...]

  • Regatta: Questions asked after Chinese prisoner’s ID reportedly found in lining of coat at UK sale

    December 1, 2023

    Regatta is in the spotlight as concerns are raised after a Chinese prisoner’s ID was reportedly found in a customer’s coat lining. The coat was purchased by a woman in Derbyshire as part of the British coat brand’s Black Friday sale, the Guardian reported today, but what she received wasn’t quite what she was expecting. [...]

  • Hope for MSG Sphere in London as Michael Gove brushes off Sadiq Khan’s snub

    December 1, 2023

    The MSG Sphere development set for East London has received a lifeline after levelling-up secretary Michael Gove has intervened.

  • London high streets get pre-Christmas boost

    December 1, 2023

    The number of people hitting the high street in London grew in November, according to the latest footfall statistics, as the capital gears up for a much needed  festive boost.  A new reading from the British Retail Consortium (BRC) shows that footfall in London reached -0.4 per cent in November down from -2.9 per cent [...]

  • City officials encourage local spending ahead of Small Business Saturday

    December 1, 2023

    The holiday season might not be as reliable as it once was for small businesses, new research suggests, but optimism seems to persevere within the City as peak trading season approaches. While 61 per cent of small businesses, surveyed on behalf of American Express, have said the festive season has yet to be the same [...]

  • Mitchells & Butlers: All Bar One owner toasts ‘record year’ despite battling high costs

    November 30, 2023

    All Bar One owner Mitchells and Butlers (M&B) said that like for like sales grew to a record 9.1 per cent during the full year, as the chain toasts a strong performance.  The no frills dining and pub chain, which also owns Toby Carvery, said that adjusted operating profit increased by 17.6 per cent, despite [...]

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